Velox Tyres Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 5.00 Cr
- Company Age 10 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.87 Cr
- Satisfied Charges ₹ 1.96 Cr
- Revenue Growth 0.41%
- Profit Growth -1083.82%
- Ebitda -278.37%
- Net Worth -0.50%
- Total Assets 24.42%
About Velox Tyres
Velox Tyres Private Limited (VTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 June 2014 and has a history of Ten years and ten months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.
The company currently has active open charges totaling ₹9.87 Cr. The company has closed loans amounting to ₹1.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
Thomas Thomas and Susila Thomas serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25190KA2014PTC075118
- Company No.
075118
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jun 2014
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
What products or services does Velox Tyres Private Limited offer?
Velox Tyres Private Limited offers a wide range of products and services, including Solid Tyres, Solid Cushion Tyres, Solid Rubber Tyre.
Velox Tyres Private Limited
Explore comprehensive data for Velox Tyres Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Velox Tyres?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Thomas Thomas  | Director | 30-Jun-2014 | Current |
| Susila Thomas | Director | 30-Jun-2014 | Current |
Financial Performance of Velox Tyres.
Velox Tyres Private Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 0.41% increase. The company also saw a substantial fall in profitability, with a 1083.82% decrease in profit. The company's net worth dipped by a decrease of 0.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Velox Tyres?
In 2024, Velox Tyres had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Paragon Polymer Products Private LimitedThomas Thomas is a mutual person
- Falcon Agencies Private Limited
Thomas Thomas is a mutual person
Charges (Loans)
Open Charges
₹9.87 Cr
Satisfied Charges
₹1.96 Cr
Charges Breakdown by Lending Institutions
- Others : 8.06 Cr
- Sidbi : 1.82 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Jan 2024 | Sidbi | ₹1.82 Cr | Open |
| 11 May 2023 | Others | ₹3.00 M | Open |
| 16 Sep 2021 | Others | ₹7.76 Cr | Open |
| 31 Mar 2015 | The South Indian Bank Limited | ₹1.96 Cr | Satisfied |
How Many Employees Work at Velox Tyres?
Velox Tyres has a workforce of 15 employees as of Feb 10, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Velox Tyres, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Velox Tyres's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Velox Tyres
Recent activity within the organization
- Annual General Meeting
Velox Tyres Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 7.76 Cr registered on 16 Sep 2021 with Charge ID 100492393 was modified on 24 Apr 2024.
- Balance Sheet
Velox Tyres Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Sidbi amounted to Rs. 1.82 Cr with Charge ID 100854526 was registered on 17 Jan 2024.
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100720355 was registered on 11 May 2023.
- Charges
A charge registered on 31 Mar 2015 via Charge ID 10576404 with The South Indian Bank Limited was fully satisfied on 18 Sep 2021.
Frequently asked questions
What is the Incorporation or founding date of Velox Tyres Private Limited?
Velox Tyres Private Limited was incorporated on 30 Jun 2014.
What is authorized share capital and paid-up capital of Velox Tyres Private Limited?
The authorized share capital of Velox Tyres Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.
Who are the current board members & directors of Velox Tyres Private Limited?
Currently 2 directors are associated with Velox Tyres Private Limited.
- Thomas Koduvirachira Thomas
- Susila Thomas
What is the registered address of Velox Tyres Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Velox Tyres Private Limited is No. A-345 Plot No.493 Peenya Industrial Area, Ii Stage India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Velox Tyres Private Limited?
The corporate identification number (CIN) of Velox Tyres Private Limited is U25190KA2014PTC075118 and the company number is 075118 as per Ministry of Corporate Affairs (MCA).
What is the official website of Velox Tyres Private Limited?
The Official website of Velox Tyres Private Limited is https://www.veloxtyres.com
What has been the recent revenue trend for Velox Tyres Private Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Velox Tyres Private Limited has risen by 0.41%.
How many employees does Velox Tyres Private Limited currently have?
As Per 2024 financial reports, 15 employees are currently employed by Velox Tyres Private Limited.
What change has been observed in the net worth of Velox Tyres Private Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Velox Tyres Private Limited has experienced an downturn of -0.50%.
What are the total open charges for Velox Tyres Private Limited?
As per the financial statements for fiscal Year 2024, The total open charges for Velox Tyres Private Limited amount to ₹ 9.87 Cr.
When was the last Balance Sheet of Velox Tyres Private Limited filed with the ROC?
The most recent Balance Sheet for Velox Tyres Private Limited was filed with the ROC on 31 Mar 2024.
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